ISARESCU
215 articole · RSS
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...
Isarescu: Romania Needs Law On 2019 Euro-Adoption Target
Romania’s 2019 euro-adoption target should be enclosed in a law adopted by the parliament so that the necessary reforms to join the euro area would not be affected by political changes, cent...
Isarescu Says BNR Ready To Narrow Gap Between Monetary Policy, Interbank Rates
The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move mi...
Isarescu Sees Room For Further Rate Cuts
Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particula...
Isarescu: We Need More Reforms To Sustain Social Security Tax Cut, Create Jobs
Romanian central bank’s governor Mugur Isarescu said Tuesday that the authorities should consider additional measures besides the recent cut in the social security tax rate to help create mo...
Romania Central Bank Sees No Danger Of Deflation
The Romanian central bank sees no threat of deflation because the average annual inflation remains at comfortable levels and the recent decline in the annual rate could be reversed on the me...
Isarescu: Lower Reserve Requirements To Boost Available Liquidity By EUR500M
Romanian central bank’s governor Mugur Isarescu said Tuesday that the bank’s decision to cut its minimum reserve requirements on foreign currency deposits will free around EUR500 million in...
Europe’s Low Bank Deposit Rates Could Lead To New Real Estate Boom
The low interest rates on bank deposits across Europe could prompt depositors to move their money into real estate assets, which in turn might lead to a new speculative property bubble, Roma...
Isarescu Appointed For New Term As Central Bank Governor
The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years.